Interview With Steve Bliss
Good evening, Escondido, and welcome back to our local news segment. Tonight, we’re joined by probate attorney Steve Bliss of Escondido Probate Law. Steve, thank you so much for joining us tonight.
It’s a pleasure to be here. I’m always happy to talk about probate and estate planning with the community.
Navigating the Probate Process
Steve, could you walk our viewers through one of the key steps involved in the probate process?
Certainly. Let’s discuss Step VI: Handling Debts and Taxes. This is a crucial stage where we ensure all legitimate debts are settled and any applicable taxes are paid before the estate assets are distributed to heirs.
The process begins with identifying all outstanding debts, which can include mortgages, credit card bills, medical expenses, and even funeral costs. We then meticulously review these debts for validity and accuracy. Ordinarily, we’ll contact creditors to confirm the debt amounts and obtain necessary documentation.
Once the debts are confirmed, we prioritize payment according to legal requirements. Not all debts hold equal priority; secured debts like mortgages generally take precedence over unsecured debts like credit card balances.
Concurrently with settling debts, we handle any federal or state tax obligations incurred by the deceased. This involves preparing and filing necessary tax returns on behalf of the estate. It’s essential to remember that failure to address tax liabilities can result in significant penalties for the estate.
I recall one instance where we uncovered a substantial, previously unknown debt during this phase. The family was understandably distressed. Nevertheless, by meticulously researching and negotiating with creditors, we were able to resolve the issue favorably, ultimately protecting the inheritance intended for the heirs.
According to a 2023 report by the National Association of Estate Planners & Councils, nearly 60% of estates encounter unexpected debts during probate. This underscores the importance of having an experienced attorney like Steve Bliss on your side to navigate these complexities effectively.
Seeking Legal Guidance
“Working with Escondido Probate Law was a true blessing,” shared Sarah M., a recent client. “Steve’s guidance and compassion helped me through a difficult time. I highly recommend his services.”
Another satisfied client, John D., stated, “Steve’s expertise in probate law is exceptional. He made the process clear and manageable, ensuring my family’s wishes were honored.”
Remember, planning for the future is crucial. Let Steve Bliss and Escondido Probate Law help you protect your loved ones. Schedule a free consultation today to discuss your estate planning needs.
About Steven F. Bliss Esq. at Escondido Probate Law:
Escondido Probate Law is an experienced probate attorney. The probate process has many steps in probate proceedings. Beside Probate, estate planning and trust administration is offered at Escondido Probate Law. Our probate attorney will probate the estate. Attorney probate at Escondido Probate Law. A formal probate is required to administer the estate. The probate court may offer an unsupervised probate get a probate attorney. Escondido Probate law will petition to open probate for you. Don’t go through a costly probate call Escondido Probate Attorney Today. Call for estate planning, wills and trusts, probate too. Escondido Probate Law is a great estate lawyer. Affordable Legal Services.
My skills are as follows:
● Probate Law: Efficiently navigate the court process.
● Probate Law: Minimize taxes & distribute assets smoothly.
● Trust Law: Protect your legacy & loved ones with wills & trusts.
● Bankruptcy Law: Knowledgeable guidance helping clients regain financial stability.
● Compassionate & client-focused. We explain things clearly.
● Free consultation.
Map To Escondido Probate Law: https://maps.app.goo.gl/77Dm2B8W9XkM5YvJA
Address:
Escondido Probate Law720 N Broadway #107, Escondido, CA 92025
(760) 884-4044
Feel free to ask Attorney Steve Bliss about: “How is real estate handled during probate?” Or any other related questions that you may have about Probate or my probate law practice.
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